22/10/2020

Good News: Another Five-Year Contract Signed for Lubambe Copper Mine

Recently, a signing ceremony was held between Lubambe Copper Mine Limited – a subsidiary of EMR Capital and JCHX Overseas Division for the new 5-year contract.

Formerly controlled by Vale and African Rainbow, Lubambe Copper Mine Limited (hereinafter referred to as LCM) was then acquired by EMR capital. The mine is located in the Konkola Basin in the Copperbelt Province of Zambia at an altitude of 1370m with an average copper grade of 3%. The license area is adjacent to 30+ copper mines including Kinsenda Copper Mine and Chambishi Copper Mine, covering an area of approximately 240 km2, including production area and extension area. Major infrastructures on site include 4 x Φ6m vent shafts (2 intake shafts and 2 air return shafts) all in 100m depth, and respectively located in the east limb and south limb, consisting two separate ventilation systems. Lubambe copper mine is designed with 2.5mtpa capacity with expected waste rock around 600kt.

Tremendous efforts were made continuously by JCHX to ensure work quality, progress, safety and standard operation from the very beginning of works under the first contract dated March 27, 2017 with Lubambe Copper Mine Limited. Under the guidance and support of Headquarters and Overseas Division, the project team overcame difficulties such as labor shortage and outdated equipment during early stage, executed the works in strict accordance to the requirements of Owner, which laid a solid foundation for winning the contract for subsequent works.

Senior executives of JCHX attached great importance to the bidding process for new works. Mr. Wang Qinghai, Chairman of JCHX, Mr. Wang Xinyu, President of JCHX, and Mr. Wang Youcheng, VP of JCHX and GM of Overseas Division, closely followed up the progress and provided necessary guidance and supports. Owing to its strong technical expertise and good work quality, JCHX stood out among all the competitors and was awarded the contract for secondary development at both east and south limb.

Upon signing of the new contract, JCHX has become the only contractor for secondary development at Lubambe Copper Mine, which marks a significant achievement for JCHX in overseas market expansion and in implementing international strategy, as well as a historical progress for the execution of “two-market” strategy.

Nick, President of LCM pointed out that this is a good opportunity for both companies to strengthen communication, deepen cooperation, and work together to build Lubambe copper mine a success. During the execution of works under previous contract, JCHX fully cooperated with LCM in the spirit of teamwork, met with all requirements in terms of work progress, safety, and quality, which evidently proved that JCHX is the ideal partner for LCM.

Mr. Liu Zhiqiang, DGM of Overseas Division extended sincere wishes and gratitude to EMR for their trust. He noted that the project team will continue to work despite of obstacles, timely and efficiently complete the task without any compromise in safety, so as to realize a win-win cooperation.

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